They will share joint control of the company, which has more than 1,000 employees. The first reaction is Insightsoftware must have a specific target in mind to merit that kind of equity investment. Formed in 2018 with JetReports as base by TA and another investor w, TA and ST6, the software company has been rolling up analytics software companies as it puts together a suite for the Office of the CEO. Its acquired companies include Biznet, Jet Reports, Excel4Apps, Certent, IDL Group, Event1, Mekko Graphics, Longview Solutions and Bizview Systems
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INSIGHTSOFTWARE RECEIVES $1 BILLION Featured
Insightsoftware has received a $1 billion investment from Hg. Hg Saturn 2 Fund will become a “significant minority shareholder”, along with TA Associates.